Company Valuation: Brookfield Renewable Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,842 13,485 14,083 5,768 17,839 13,684 - -
Change - -19.93% 4.44% -59.05% 209.3% -23.29% - -
Enterprise Value (EV) 1 33,568 31,146 34,859 24,801 37,618 49,889 51,851 52,783
Change - -7.22% 11.92% -28.85% 51.68% 32.62% 3.93% 1.8%
P/E -53.4x -45.9x -105x 77.8x -10.9x -23.3x -23.8x -27.8x
PBR - - 1.86x - - 9.13x 13.5x 34.1x
PEG - 3.5x 1.9x -0x 0x 0.4x 12.44x 1.9x
Capitalization / Revenue 3.95x 2.68x 2.65x 0.97x 3.53x 1.78x 1.55x 1.51x
EV / Revenue 7.87x 6.19x 6.55x 4.16x 7.44x 6.5x 5.89x 5.83x
EV / EBITDA 14x 11.7x 11.9x 7.15x 10.3x 12.2x 12x 11.8x
EV / EBIT 43.1x 55.8x 31x 15x 19x 36.3x 42.8x 29.7x
EV / FCF -27.4x 52.3x 45.3x -42.8x -43.8x -5.17x -8.16x -3.33x
FCF Yield -3.65% 1.91% 2.21% -2.33% -2.28% -19.3% -12.3% -30%
Dividend per Share 3 1.28 - 1.35 1.42 1.49 1.574 1.637 1.697
Rate of return 3.48% - 4.69% 5.13% 3.89% 5.63% 5.85% 6.07%
EPS 3 -0.69 -0.6 -0.2755 0.3556 -3.524 -1.2 -1.177 -1.005
Distribution rate -186% - -490% 399% -42.3% -131% -139% -169%
Net sales 1 4,265 5,029 5,318 5,968 5,057 7,680 8,807 9,061
EBITDA 1 2,395 2,665 2,925 3,470 3,660 4,100 4,333 4,487
EBIT 1 779 557.8 1,126 1,651 1,978 1,373 1,212 1,775
Net income 1 -466.1 -394.8 -242.6 340.1 -3,179 -589.8 -384.3 -613
Net Debt 1 16,726 17,661 20,776 19,034 19,779 36,205 38,167 39,100
Reference price 3 36.83 27.54 28.79 27.66 38.34 27.97 27.97 27.97
Nbr of stocks (in thousands) 361,804 361,818 369,252 144,921 339,346 345,340 - -
Announcement Date 04/02/22 03/02/23 02/02/24 31/01/25 30/01/26 - - -
1USD in Million2CAD in Million3USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-23.3x6.5x12.17x5.63% 9.66B
19.92x3.66x8.34x0.15% 8.24B
44.71x7.05x12.87x0.53% 5.56B
21.69x3.68x11.18x4.81% 5.29B
-8.57x81.04x-73.9x-.--% 2.73B
23.49x5.67x17.23x2.31% 1.44B
15.26x8.66x15.75x - 857M
636.43x4.55x13.06x-.--% 632M
5.63x - - - 610M
7.69x12.82x15.95x5.5% 593M
Average 74.30x 14.85x 3.63x 2.37% 3.56B
Weighted average by Cap. 20.67x 11.39x 4.90x 2.65%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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